AZB & Partners senior associate Esha Pruthi has joined Home Credit India’s legal team of 16 as assistant vice president (AVP) legal in Delhi.

She is reporting to director and head legal Vijay Dhingra, and will be overseeing the legal function of the company’s so-called funding vertical, which secures funding through a variety of channels for the company’s transactions.

She will also be working closely with the funding legal team in the company’s headquarters in Prague, in the Czech Republic.

Dhingra commented: “I welcome Esha to Home Credit Family and wish her all the luck and success in this new role. She possesses a rich and relevant experience for this role and her addition shall be a great value add for the team.”

Pruthi added: “I am keenly looking forward to being on board with the Team Home Credit, one of the country’s leading NBFC which is fueling financial inclusion through easy to use credit products while ensuring adherence to guidelines and set processes.

“I would be using my extensive legal experience gained at AZB & Partners to assist in maintenance of a smooth financial supply chain for the company.”

The Guru Gobind Singh Indraprastha University graduate with an LLM from the National University of Singapore began her career at Wong Partnership in Singapore from 2007.

In September 2008 she returned to India with AZB as a corporate associate, where she has stayed since.

Home Credit’s legal function is divided into three key verticals: corporate secretarial and compliances, contracts and litigation, and funding legal.

The company was founded in 1997 in the Czech Republic, specialising in providing credit to people with little or no credit history in 10 countries.

It had opened in India in 2012, after acquiring Rajshree Auto Finance Private Limited, and has operations in over 120 cities across 20 states in the country, with a network of more than 26,000 points-of-sale (PoS), over 6 million customers and 16,000 employees.

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Actually it will be interesting to understand what do people mean by big enough news? If Kian believes that a move is newsworthy of reporting, it is up to him and given that he has been doing this for a while, i would assume Kian understands what kind of reporting is getting the attention of readers. As far as this specific move is concerned, it is surely newsworthy for law firm lawyers to know who are the people forming core of any specific in-house team if they were to pitch to them. Lastly, whether or not a move to or from large law firm or a small law firm or to or from a large corporate or small corporate, why should it not be reported.if Kian were to report associate moves between law firms then also it is perfectly legit because that is also the data that law firms need to keep in mind and that is also the data that any associate should keep in mind before making a move.

Why don't you create a link (like the one you have for giving tips)? I am sure the associates (all levels) will be more that happy/ willing to report their/ their colleagues' moves.

The only thing that you will have to be mindful of (maybe not in all cases, but in 70-80% cases most likely - LI readers: correct me if I am wrong) is that you report the move after the resigning assiciate has joined the other firm. Because this is what really scares us - we get an offer from firm X, we quit firm Y, the word gets out, shit happens, firm X rescinds its offer, we are f****d.

(Ideas welcome from other LI readers on a more workable model for reporting associate level moves by LI)